Mr. E. Evans has decided to open a small car detailing company. The individual at the name registration office suggested that Mr. Evans walk down to the CRA office and pick up the information package with respect to tax filing, etc.
Mr. Evans had anticipated that the package of information obtained at the CRA office would include information on the harmonized sales tax (HST). Unfortunately, this information was not included in the package obtained. Mr. Evans approached his son, Sam, who is an accountant, to explain the obligations of a registrant under the Excise Tax Act.
REQUIRED
As Sam, provide the appropriate explanations.